Commit To Purchase Harmony Biosciences Holdings At $17.50, Earn 13.4% Annualized Using Options
May 08, 2024 at 11:45 AM EDT
Investors considering a purchase of Harmony Biosciences Holdings Inc (HRMY) shares, but cautious about paying the going market price of $31.39/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $17.50 strike, which has a bid at the time of this writing of $1.05..